Holiness Pentecostal Day Care
Holiness Pentecostal Day Care shows stable operations with growing assets and no reported officer compensation.
EIN: 202381471 · Newark, NJ · NTEE: B21 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $672K |
| Total Expenses | $820K |
| Program Spending | 88% |
| Net Assets | $68K |
| Transparency Score | 85/100 |
Is Holiness Pentecostal Day Care Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Holiness Pentecostal Day Care directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Holiness Pentecostal Day Care
Holiness Pentecostal Day Care (EIN: 202381471) is a nonprofit organization based in Newark, NJ, classified under NTEE code B21. The organization reported total revenue of $672K and total assets of $267K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Holiness Pentecostal Day Care's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Holiness Pentecostal Day Care is a small nonprofit that has been operating for 20 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $844K |
| Total Expenses | $820K |
| Surplus / Deficit | +$24K |
| Total Assets | $108K |
| Total Liabilities | $41K |
| Net Assets | $68K |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 37.6% |
| Months of Reserves | 1.6 months |
Financial Health Grade: A
In 2022, Holiness Pentecostal Day Care reported a surplus of $24K with revenue exceeding expenses, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 37.6% (moderate leverage).
Financial Trends
Over 11 years of filings (2011–2022), Holiness Pentecostal Day Care's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +14.2% | +13.9% | +57.0% |
| 2021 | +207.6% | +242.8% | -20.4% |
| 2020 | -70.5% | -73.9% | +99.0% |
| 2019 | +3.0% | -0.1% | +31.4% |
| 2018 | -0.3% | -1.0% | -35.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Holiness Pentecostal Day Care with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 88%
- fundraising: 2%
According to IRS 990 filings, Holiness Pentecostal Day Care allocates its expenses as follows: admin: 10%, programs: 88%, fundraising: 2%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 37.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which is a strong positive for resource allocation directly to the organization's mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Holiness Pentecostal Day Care's IRS 990 filings:
- Fluctuating liabilities, particularly the increase from $6,000 in 2021 to $40,802 in 2022, warrant further investigation.
Strengths
The following positive indicators were identified for Holiness Pentecostal Day Care:
- Consistent operational surpluses in recent years (e.g., $23,807 surplus in 2022).
- Growing asset base, increasing from $69,110 in 2021 to $108,499 in 2022.
- No reported officer compensation, indicating a high dedication of resources to the mission.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
Frequently Asked Questions about Holiness Pentecostal Day Care
Is Holiness Pentecostal Day Care a legitimate charity?
Holiness Pentecostal Day Care (EIN: 202381471) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $672K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Holiness Pentecostal Day Care spend its money?
Holiness Pentecostal Day Care directs 88% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Holiness Pentecostal Day Care tax-deductible?
Holiness Pentecostal Day Care is registered as a tax-exempt nonprofit (EIN: 202381471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Holiness Pentecostal Day Care's spending goes to programs?
Holiness Pentecostal Day Care directs 88% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Holiness Pentecostal Day Care compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Holiness Pentecostal Day Care is above average for NTEE category B21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Holiness Pentecostal Day Care located?
Holiness Pentecostal Day Care is headquartered in Newark, New Jersey and files with the IRS under EIN 202381471. It is classified under NTEE code B21.
How many years of IRS 990 filings does Holiness Pentecostal Day Care have?
Holiness Pentecostal Day Care has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $672K in total revenue.
Is Holiness Pentecostal Day Care financially stable?
Yes, the organization appears financially stable, with revenues generally exceeding expenses in recent years (e.g., 2022 revenue of $843,877 vs. expenses of $820,070) and growing assets.
How has the organization's asset base changed over time?
The organization's assets have shown significant growth, increasing from $33,220 in 2018 to $108,499 in 2022, indicating an improvement in its financial reserves.
What is the trend in the organization's liabilities?
Liabilities have fluctuated, peaking at $154,618 in 2019, then dropping to $6,000 in 2021, and rising again to $40,802 in 2022. This trend suggests varying debt management or operational needs.
Does the organization pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that officers do not receive salaries from the organization.
Filing History
IRS 990 filing history for Holiness Pentecostal Day Care showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Holiness Pentecostal Day Care's revenue has declined by 6.8%, moving from $906K to $844K. Total assets increased by 221.2% over the same period, from $34K to $108K. Total functional expenses fell by 3.3%, from $848K to $820K. In its most recent filing year (2022), Holiness Pentecostal Day Care reported a surplus of $24K, with revenue exceeding expenses. The organization holds $41K in liabilities against $108K in assets (debt-to-asset ratio: 37.6%), resulting in net assets of $68K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $844K | $820K | $108K | $41K | — | — |
| 2021 | $739K | $720K | $69K | $6K | — | View 990 |
| 2020 | $240K | $210K | $87K | $6K | — | — |
| 2019 | $816K | $804K | $44K | $155K | — | View 990 |
| 2018 | $792K | $805K | $33K | $148K | — | View 990 |
| 2017 | $794K | $814K | $51K | $131K | — | View 990 |
| 2015 | $750K | $795K | $37K | $53K | — | View 990 |
| 2014 | $834K | $864K | $52K | $23K | — | View 990 |
| 2013 | $800K | $857K | $64K | $6K | — | View 990 |
| 2012 | $913K | $856K | $56K | $2K | — | View 990 |
| 2011 | $906K | $848K | $34K | $37K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $844K, expenses of $820K, and assets of $108K (revenue +14.2% year-over-year).
- 2021: Revenue of $739K, expenses of $720K, and assets of $69K (revenue +207.6% year-over-year).
- 2020: Revenue of $240K, expenses of $210K, and assets of $87K (revenue -70.5% year-over-year).
- 2019: Revenue of $816K, expenses of $804K, and assets of $44K (revenue +3.0% year-over-year).
- 2018: Revenue of $792K, expenses of $805K, and assets of $33K (revenue -0.3% year-over-year).
- 2017: Revenue of $794K, expenses of $814K, and assets of $51K (revenue +5.9% year-over-year).
- 2015: Revenue of $750K, expenses of $795K, and assets of $37K (revenue -10.1% year-over-year).
- 2014: Revenue of $834K, expenses of $864K, and assets of $52K (revenue +4.3% year-over-year).
- 2013: Revenue of $800K, expenses of $857K, and assets of $64K (revenue -12.5% year-over-year).
- 2012: Revenue of $913K, expenses of $856K, and assets of $56K (revenue +0.9% year-over-year).
- 2011: Revenue of $906K, expenses of $848K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Holiness Pentecostal Day Care:
Data Sources and Methodology
This transparency report for Holiness Pentecostal Day Care is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.